Owner Financing is Available
Business Overview:
Company is a well-established Fitness Center specializing in one-on-one wellness and health consulting, planning and implementation to high-end clientele. Located in a growing area, the Club has all the comforts of an upscale gym with the private and individualized feel of a personal training studio. Features include full-service locker rooms, day care, smoothie bar, supplement sales, Group Fitness Programs, full-time janitorial staff and 24 hour operation. Equipment is state of the art, well-maintained and includes top branded plate loaded, selectorized training equipment, free weights as well as treadmills, ellipticals, and spinning bikes. The business is semi-absentee owned and has grown steadily. The owner feels that the club has unlimited potential for a business minded hands-on, owner-operator or as a hospital-affiliated satellite fitness center. Price $100k: $50k down & $50k Seller-financing to a qualified buyer (~$1567/mo) or $75k ALL-CASH
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The business occupies ~12,500 SF and the landlord is willing to offer a long-term lease for 5 years at $6,500/month + insurance/maintenance and renewal options. The business furniture, fixtures and equipment (FFE) will be leased for $1,400/month with an option to purchase for $200,000. Support/Training: The seller is semi-absentee and does not handle any direct customer relationships. The seller genuinely desires an effective business transition and will train a buyer for 2 weeks included with the price. The seller will help in every possible way to ensure that a purchaser is able to confidently operate the business (including ongoing consultation).
Market Competition and Expansion:
The physical fitness market is competitive. The competitive advantages of this center include cleanliness, state of the art training equipment, customer service, access and location.
Growth and Expansion: The primary health club target market is fitness orientated individuals seeking a clean, well-maintained facility with state of the art training equipment. Personal training services are targeted towards individuals with health issues, involved in sports or needing education and accountability to achieve their training goals. The seller has built the business through television advertisement, sales promotions, referrals, telemarketing to qualified leads, complimentary day passes, signage, word of mouth, employee sales commissions and friendly service.
Reason for Selling:
Family and other business interests
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.